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Talks between original holders and a law firm over potential securities fraud litigation did not pan out, and trustee UMB NA has canceled all the bonds.
June 14 -
The SmartBuy program, offered by the Illinois Housing Development Authority, has drawn interest from out-of-state buyers too.
April 5 -
Born from the burgeoning real estate market that preceded the Great Recession, flipping homes has become a national fascination over the past two decades.
July 29 -
A bankruptcy judge will be asked to sign off on the sale of BHF's Shoreline portfolio in Chicago and will hold an initial Chapter 11 hearing on another portfolio.
June 19 -
Single-family home sales in the Rockford, Ill., region rose last year to heights not seen in more than a decade and climbed even higher in January, according to the Rockford Area Association of Realtors.
March 6 -
November was another disappointing month for home sales in Champaign County, Ill., with figures down 6.9% from the same month last year.
December 30 -
Bankers in St. Louis weren't surprised when mortgage data released this summer showed a drop in loans made between 2017 and 2018.
October 7 -
The Chateau Hotel and Conference Center in Bloomington, Ill., is under new ownership after a judge agreed to enter a foreclosure judgment.
October 7 -
Realtors and community leaders are hailing a new milestone for the Rockford, Ill., area housing market.
October 1 -
A West Chicago, Ill., property developer is accused by federal authorities of operating a Ponzi scheme that defrauded more than 300 investors in 32 states of at least $41.6 million.
September 11 -
Homes in the Rockford, Ill., region sold for $147,000 on average last month, the highest monthly average price since July 2006.
August 27 -
Single-family home sales in the Rockford, Ill., region rose by nearly 11% in May thanks to declining mortgage rates and pent-up demand from winter, the Rockford Area Association of Realtors said.
July 3 -
If current inventory shortages continue, rising costs will limit housing options for many American buyers and renters, according to a new Harvard Joint Center for Housing Studies report.
June 25 -
Charges against Stephen Calk indicate he lied to regulators about what he knew when he approved loans to Paul Manafort, as well as his interest in landing a job in the Trump administration.
May 23 -
A larger share of Midwestern loan officers compared with their counterparts nationwide said working with first-time home buyers was extremely important for their success, the 2019 Top Producers Survey found.
May 8 -
Economic growth in the Rockford, Ill., region helped the housing market reach sales milestones in 2018 not seen in more than a decade.
February 12 -
New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.
January 2 -
Some parts of Chicago that historically have seen a pattern of disinvestment are experiencing a significant uptick in housing prices, as a strong economy attracts investors to more areas.
December 26 -
Goldman Sachs is getting closer to hitting its $1.8 billion consumer relief obligation as outlined in mortgage settlement agreements between the U.S. Department of Justice and three states.
November 2 -
Five potential witnesses against Paul Manafort, including accountants and bankers, were identified Monday as a U.S. judge gave the former Trump campaign chairman's lawyers more time to review tens of thousands of documents handed over to them in recent weeks.
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